Buy ENA/USDT
Leverage: 5x
Entry: 0.92 - 0.9260
Targets: 0.94 - 0.96 - 0.98
Stop loss: 0.92
BitAssist
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Bitcoin is trading sideways, while altcoins are showing positive movement. Money is flowing into ETH and other altcoins now. If BTC stabilizes at this level for a week, we may see a good rally in the market.
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#BTC/USDT ANALYSIS
BTC is moving in a bullish flag chart pattern. Currently trading inside the Ichimoku cloud, which is a short-term sign of indecision. A solid breakout of the bull flag would be the bullish confirmation. In case of a sustained breakdown of the Ichimoku cloud, a correction is also expected.
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MBOX analysis:
Price was rejected from the resistance area. You can open long positions if the price reaches the support area.
Support Area: $0.251-$0.266
Resistance Area: $0.335-$0.350
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#ALTS MARKET CAP ANALYSIS
The Alts market cap has pumped following a successful breakout and subsequent retest of the symmetrical triangle. Presently, it is in the process of breaking through the horizontal resistance.
Confirmation of a strong bullish rally in altcoins would be signaled by either a candle close above this resistance or a successful retest that maintains the upward momentum. However, if the retest fails, a correction in the altcoin market can be anticipated.
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